Difference between revisions of "Buy Your First Home With Bad Credit"
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Purchasing a home is usually considered a good investment. However, a bad credit history can be an even bigger obstacle for potential buyers than it was in the past, as the recent economic crisis has caused lenders to tighten their standards for loaning money and providing mortgages. However, it is not impossible. You can buy your first home with bad credit by accessing federal and local resources and saving for a larger down payment - see below for detailed instructions. | Purchasing a home is usually considered a good investment. However, a bad credit history can be an even bigger obstacle for potential buyers than it was in the past, as the recent economic crisis has caused lenders to tighten their standards for loaning money and providing mortgages. However, it is not impossible. You can buy your first home with bad credit by accessing federal and local resources and saving for a larger down payment - see below for detailed instructions. | ||
| − | [[Category:Buying Property]] | + | [[Category: Buying Property]] |
== Steps == | == Steps == | ||
=== Buying a Home=== | === Buying a Home=== | ||
